Russia Horticulture Lighting Market to 2032
Overview
The Russia Horticulture Lighting Market is expected to reach a 527.29 USD Million by 2032 and is projected to grow at a CAGR of 24.56% from 2025 to 2032.
Revenue, 2024 (USD Million)
132.79
Forecast, 2032 (USD Million)
527.29
CAGR, 2024 - 2032
24.56%
Report Coverage
Russia
Russia Horticulture Lighting Market 2018-2032 USD Million
Russia Horticulture Lighting Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 132.79 USD Million
- Projected Market Size (2032): 527.29 USD Million
- CAGR (2025-2032): 24.56%
Key Findings of Russia Horticulture Lighting Market
- The Russia Horticulture Lighting Market was valued at 132.79 USD Million in 2024.
- The Russia Horticulture Lighting Market is likely to grow at a CAGR of 24.56% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Turnkey Solution in Deployment Segment accounted for the largest share of the market with a revenue of 88.85 USD Million
- The fastest growing segment Software in Offering Segment grew Fastest with a CAGR of 25.52% during the forecast period from 2024 to 2032.
Russia Horticulture Lighting Market Scope
Russia Horticulture Lighting Market Segmentation & Scope
Cultivation
- Floriculture
- Fruits
- Vegetables
Lighting
- Sole-Source Lighting
- Photoperiodic Lighting
- Inter Lighting
- Supplemental Lighting
- Top Lighting
Deployment
- Retrofit Solution
- Turnkey Solution
Offering
- Services
- Software
- Hardware
Technology
- Others
- Fluorescent
- High-Intensity Discharge (HID)
Application
- Others
- Vertical Farming
- Greenhouse
Russia Horticulture Lighting Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 132.79 USD Million |
| Market Value in 2032 | 527.29 USD Million |
| CAGR (2025-2032) | 24.56% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Cultivation,Lighting,Deployment,Offering,Technology,Application |
Regional Insights:
-
Leading Market (2024-2032): Russia, leading in terms of revenue 132.79 USD Million in 2024
- Key Country: Russia, leading in terms of revenue with value of 132.79 USD Million in 2024.
Segments and Scope
-
Russia Horticulture Lighting Market to 2032, By Cultivation
- Vegetables is the largest segment in Russia Horticulture Lighting Market to 2032 with a revenue of 74.41 USD Million in the year 2024.
- Vegetables is the Fastest growing segment in Russia Horticulture Lighting Market to 2032 with a Growth rate of 25.13 % in forecast period 2025-2032.
-
Russia Horticulture Lighting Market to 2032, By Lighting
- Top Lighting is the largest segment in Russia Horticulture Lighting Market to 2032 with a revenue of 50.93 USD Million in the year 2024.
- Top Lighting is the Fastest growing segment in Russia Horticulture Lighting Market to 2032 with a Growth rate of 25.50 % in forecast period 2025-2032.
-
Russia Horticulture Lighting Market to 2032, By Deployment
- Turnkey Solution is the largest segment in Russia Horticulture Lighting Market to 2032 with a revenue of 88.85 USD Million in the year 2024.
- Turnkey Solution is the Fastest growing segment in Russia Horticulture Lighting Market to 2032 with a Growth rate of 24.79 % in forecast period 2025-2032.
-
Russia Horticulture Lighting Market to 2032, By Offering
- Hardware is the largest segment in Russia Horticulture Lighting Market to 2032 with a revenue of 82.98 USD Million in the year 2024.
- Software is the Fastest growing segment in Russia Horticulture Lighting Market to 2032 with a Growth rate of 24.28 % in forecast period 2025-2032.
-
Russia Horticulture Lighting Market to 2032, By Technology
- High-Intensity Discharge (HID) is the largest segment in Russia Horticulture Lighting Market to 2032 with a revenue of 79.51 USD Million in the year 2024.
- High-Intensity Discharge (HID) is the Fastest growing segment in Russia Horticulture Lighting Market to 2032 with a Growth rate of 24.75 % in forecast period 2025-2032.
-
Russia Horticulture Lighting Market to 2032, By Application
- Greenhouse is the largest segment in Russia Horticulture Lighting Market to 2032 with a revenue of 62.10 USD Million in the year 2024.
- Vertical Farming is the Fastest growing segment in Russia Horticulture Lighting Market to 2032 with a Growth rate of 24.22 % in forecast period 2025-2032.
Russia Horticulture Lighting Market Company Share Analysis
| Company Name |
|
||
| TE Connectivity | |||
| SAMSUNG | |||
| Signify Holding | |||
| ACUITY BRANDS LIGHTING, INC. | |||
| ams-OSRAM AG | |||
Russia Horticulture Lighting Market Geographical Sales Distribution, 2018-2032 USD Million
Russia Horticulture Lighting Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Russia Horticulture Lighting Market is segmented based on Segmentation Cultivation,Lighting,Deployment,Offering,Technology,Application.
Russia Horticulture Lighting Market was valued at USD 132.79(Revenue in USD Million) in 2022.
Russia Horticulture Lighting Market is projected to grow at a CAGR of 24.56% during the forecast period of 2024 to 2032.
The Turnkey Solution segment is expected to dominate the Russia Horticulture Lighting Market, holding a largest market share of 88.85 USD Million in 2024
Russia Horticulture Lighting Market Scope
Russia Horticulture Lighting Market Segmentation & Scope
Cultivation
- Floriculture
- Fruits
- Vegetables
Lighting
- Sole-Source Lighting
- Photoperiodic Lighting
- Inter Lighting
- Supplemental Lighting
- Top Lighting
Deployment
- Retrofit Solution
- Turnkey Solution
Offering
- Services
- Software
- Hardware
Technology
- Others
- Fluorescent
- High-Intensity Discharge (HID)
Application
- Others
- Vertical Farming
- Greenhouse
Frequently Asked Questions
The Russia Horticulture Lighting Market is segmented based on Segmentation Cultivation,Lighting,Deployment,Offering,Technology,Application.
Russia Horticulture Lighting Market was valued at USD 132.79(Revenue in USD Million) in 2022.
Russia Horticulture Lighting Market is projected to grow at a CAGR of 24.56% during the forecast period of 2024 to 2032.
The estimated market value of the Russia Horticulture Lighting Market for final year is USD 527.29 (USD Million).
Russia Horticulture Lighting Market Company Profiling
Frequently Asked Questions
The Russia Horticulture Lighting Market is segmented based on Segmentation Cultivation,Lighting,Deployment,Offering,Technology,Application.
Russia Horticulture Lighting Market was valued at USD 132.79(Revenue in USD Million) in 2022.
Russia Horticulture Lighting Market is projected to grow at a CAGR of 24.56% during the forecast period of 2024 to 2032.
The estimated market value of the Russia Horticulture Lighting Market for final year is USD 527.29 (USD Million).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.